NP headed back to 15-25 imho Ni producers need NP at 15-25 to...

NP headed back to 15-25 imho

Ni producers need NP at 15-25 to justify large scale drilling, building, refineries & mills.
Goldman claimed this figure was 9.50 but clearly got no idea and many times wrong on NP.

With ruskie Ni removed & NPI from Indo now being removed to cover BIG SHOTS naked short gambling, the market is hit with a large ST deficit with no supply cover.

The supply increase from Indo is compromised and whipping the poor downtrodden slaves & dumping waste into the jungle rivers to cover the leaders gambling losses will lead to a Spartacus event no doubt.
The Indos arent stoopid, the gossip there is whirling about these chinese Ni practices & river/ocean dumpings and the PIPER is starting to PLAY there.

With the ruskie Ni diverted and blocked, there is no saviour from the NI BOOM here.

Expect more short squeezes to come imho.